Fremtind
Fremtind is one of Norway's largest insurance groups, distributing property, casualty, life, personal, and business insurance exclusively through its owner-banks (SpareBank 1, DNB, Eika) and partner labor unions. It serves over 1.1 million private and 82,000 business customers using AI-driven claims, pricing, and fraud detection.
- Company typePrivate
- Founded2019
- HeadquartersOslo, Norway
- Headcount1,001–5,000
- GTM typeB2B and B2C
- OfferingServices
What Fremtind does
Fremtind Forsikring AS is one of Norway's largest insurance groups, formed in 2019 through the merger of SpareBank 1 Forsikring and DNB Forsikring and later incorporating Eika Forsikring in 2021. The group operates a bancassurance model, distributing property, casualty, life, and personal insurance products exclusively through its three owner-banks — SpareBank 1 Gruppen (51.44%), DNB Bank ASA (28.46%), and Eika Gruppen AS (20.10%) — and labor-union channels including LOfavør, Econa, and NJFF. Fremtind serves over 1.1 million private customers and approximately 82,000 business customers, holding 18.7% of the Norwegian non-life insurance market and 24.7% of the private property segment. The product portfolio spans home, travel, car, accident, life, disability, business, and home-seller insurance, with supporting services including digital claims reporting (meldskade.fremtind.no), 24/7 international travel assistance via SOS International, roadside assistance through subsidiary AutoSync AS (formerly Fremtind Service), and the FROG rehabilitation course for disability policyholders.
The group's technology stack centers on AI and machine learning embedded across the insurance value chain: NLP models process speech and text from customer interactions, computer vision models assess vehicle windshield damage, and predictive analytics support risk modeling and pricing, while anomaly-detection systems identified 175 MNOK in fraud in 2025. The proprietary Jøkul design system, developed internally and shared across the SpareBank 1 ecosystem, standardizes the digital customer experience. Fremtind's revenue model is recurring premiums sourced through partner banks and unions, with pricing set per individual risk profile on an annual billing cadence; the group reported Q1 2026 insurance service revenue of 6,205 MNOK, result before tax of 1,294 MNOK, a 79.8% combined ratio, and a 177% solvency margin. Governance oversight includes registration with Finanstilsynet and an A2/stable Moody's IFSR rating (July 2025).
Fremtind firmographics
Firmographics- Name
- Fremtind
- Legal name
- Fremtind Forsikring AS
- Website
- https://fremtind.no
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Fremtind is one of Norway's largest insurance groups, distributing property, casualty, life, personal, and business insurance exclusively through its owner-banks (SpareBank 1, DNB, Eika) and partner labor unions. It serves over 1.1 million private and 82,000 business customers using AI-driven claims, pricing, and fraud detection.
- Ownership category
- akta.pro rank
Where Fremtind is headquartered
LocationHeadquarters
- HQ city
- Oslo
- HQ country
- Norway
- HQ region
- Europe
Offices3 records
Markets served
Fremtind business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others
Revenue model
- Insurance Premiums: Revenue generated from insurance premiums paid by private and business customers. Insurance products include home, travel, car, personal accident, life insurance, and group insurance schemes sold through bank and union partners.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Insurance products sold through bank and union partners with individualized pricing based on risk assessment |
Go-to-market motion1 record
Distribution channels5 records
Marketing channels5 records
Fremtind product offering
Product offeringCore offering
Fremtind Forsikring AS is one of Norway's largest insurance companies, providing property and casualty (non-life) and personal insurance products — including home, travel, car, accident, life, disability and specialized home seller insurance — to over 1.1 million private customers and 82,000 business customers. Insurance products are sold exclusively through partner banks (SpareBank 1, DNB, Eika) and labor unions under a bancassurance model, while Fremtind handles claims processing, customer service and risk pricing internally using data-driven and AI-assisted methods.
Product overview
Fremtind is one of Norway's largest insurance groups operating through a bank-channel distribution model, offering a comprehensive portfolio of property, casualty, and life insurance products. The group consists of two core entities: Fremtind Forsikring AS (property and casualty insurance) and Fremtind Livsforsikring AS (life insurance), both owned by SpareBank 1 Gruppen (51.44%), DNB Bank ASA (28.46%), and Eika Gruppen AS (20.10%). Insurance products are primarily distributed through partner banks (SpareBank 1, DNB, Eika) and labor unions (LO/LOFavør, Econa, NJFF, Virke). The product portfolio spans home insurance, travel insurance, car/vehicle insurance, business insurance, personal/disability insurance, treatment insurance, accident insurance, and specialized home seller insurance (boligselgerforsikring). Supporting digital services include damage reporting, roadside assistance (via AutoSync/SOS International), online form submission (skjemaoppgaver), and a rehabilitation course program (FROG). Fremtind also employs AI/ML capabilities including machine learning for risk pricing, computer vision for car windshield damage assessment, NLP for processing speech/text data, and anomaly detection for fraud detection.
Differentiator
Problem solved
Functional benefit
Products and services
- Property & Casualty Insurance (Fremtind Forsikring AS) Core property and casualty insurance entity offering home, travel, car and business insurance to private and corporate customers in Norway. It holds 18.7% of Norway's total non-life insurance market and 24.7% of the private market, with customers buying policies through SpareBank 1, DNB and Eika banks.
- Life Insurance (Fremtind Livsforsikring AS) Wholly-owned life insurance entity offering personal insurance products including disability insurance, group life insurance, children's insurance, accident insurance, treatment insurance, payment protection insurance and salary insurance.
- Bank-Channel Insurance Distribution Fremtind's primary distribution model under which all insurance products are sold exclusively through partner banks (SpareBank 1, DNB, Eika) and labor unions (LO/LOfavør, Econa, NJFF). Customers purchase insurance through their bank or union membership, while Fremtind handles claims and customer service.
- Boligselgerforsikring (Home Seller Insurance) Insurance product specifically designed for home sellers in Norway. Covers claims related to property condition disclosures and defect declarations, bundled with the egenerklæring (property condition declaration) and tilstandsrapport (condition report) used in Norwegian home sales.
- AutoSync (Roadside Assistance and Vehicle Services) Wholly-owned subsidiary providing vehicle-related roadside assistance and related services (formerly Fremtind Service), offering emergency help to vehicle owners in Norway.
- Travel Insurance with SOS International Assistance Travel insurance product providing 24/7 international emergency assistance via SOS International, helping customers locate approved hospitals or doctors abroad and coordinating necessary treatment while traveling.
- FROG Rehabilitation Course Program Rehabilitation program (Fremtind Ressurs og Mestringsprogram / FROG) developed with lyk-z & døtre, offered through Fremtind's disability insurance to help policyholders return to work or activity. Pre-screening is performed by Norse Feedback; 75% of participants return to work or other activity.
Quantifiable outcome
- Three quarters of FROG course participants return to work or activity (75%)
- +1 more outcomes
Companies that use Fremtind
Customer profileNamed customers5 records
Segments2 records
Ideal customer profiles2 records
Fremtind technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
AI capability9 records
Feature2 records
Fremtind partnerships and signals
Strategic signalPartnerships
Eleven partnerships are on record, tiered core and minor.
- SOS InternationalcoreSOS International provides 24/7 international assistance services for Fremtind's travel insurance customers. They help locate nearest approved hospitals or doctors and ensure customers receive appropriate and necessary treatment while traveling abroad. Contact number +47 22 96 50 45.
- Terravera FoundationminorCollaboration with Terravera Foundation to quantify CO2 savings from using used car parts in repairs. They developed a tool for Fremtind that examines different car parts and models' emissions in a lifecycle perspective, as basis for data in the climate accounts.
- Lyk-z & døtrecoreCollaboration with Lyk-z & døtre to support vulnerable groups back into working life through the FROG (Finding Real Optimism and Goals) course program. The course helps young adults gain economic independence and increased coping skills and activity.
- Ferd Sosiale EntreprenørercoreSocial impact investor partnering with Fremtind to scale the FROG rehabilitation course program. Ferd Sosiale Entreprenører has invested in the collaboration to help reach more participants who could benefit from the course.
- SpareBank 1coreMajor distribution partner and co-owner (51.44% through SpareBank 1 Gruppen). SpareBank 1's network of regional banks sells Fremtind insurance products to their customers across Norway.
- DNBcoreMajor distribution partner and co-owner (28.46%). DNB distributes Fremtind insurance products through their retail and corporate banking channels.
- Eika GruppencoreDistribution partner and co-owner (20.10%). Eika's network of local savings banks distributes Fremtind insurance products.
- Finans NorgeminorIndustry association membership. Fremtind participates in industry networks for sustainability through Finans Norge's Sustainable Finance professional group, contributing to influence work toward Norwegian and international authorities.
- SkiftminorMember of the Skift business network working for business-driven green transition to a low-emission society. Fremtind leads the Climate Adaptation Skift initiative, sharing expertise and serving as a dialogue partner for authorities.
- Oslo Kommune - Næring for klimaminorMember of Oslo municipality's business for climate network, creating a platform for dialogue and cooperation between the municipality and businesses to achieve climate goals.
- NorsifminorMember of the Norwegian Forum for Responsible and Sustainable Investments, promoting the development of responsible investment practices in Norway.
Scale indicators13 records
Recent moves7 records
Expansion highlights5 records
Fremtind competitors and assessment
Company assessmentDirect peers
- Gjensidige Forsikring: Norway's largest general insurer, directly competing across personal and commercial P&C lines; Fremtind's management has extensive prior tenure at Gjensidige, reflecting head-to-head competition in the same product categories and customer segments.
- If P&C Insurance: Leading Nordic P&C insurer owned by Sampo Group, operating directly in Norway with overlapping personal and business product lines; both companies compete in the Norwegian non-life market with similar broker and direct distribution.
- Tryg Forsikring: Major Nordic general insurer with Norwegian operations offering personal and commercial P&C products; competes with Fremtind in private auto, home, and travel insurance lines via independent agents and brokers.
- Protector Forsikring: Norwegian commercial-focused P&C insurer with strong presence in the SME/business segment where Fremtind has only 9.2% share; a direct competitor in business property and liability underwriting.
- KLP Forsikring: Norwegian mutual-owned insurer serving public-sector and large-group customers with P&C and personal insurance products; overlaps with Fremtind's group and personal insurance offerings.
- Folksam (Norway): Swedish-Norwegian mutual insurer offering personal and household insurance products; competes with Fremtind in the Norwegian private home and personal accident segments.
Broad incumbents
- Storebrand Forsikring: Large Norwegian financial services group offering life, pension, and asset management alongside P&C insurance; competes with Fremtind Livsforsikring in personal insurance/life products and offers broader financial product portfolio.
- DNB Livsforsikring: Life and pension arm of DNB (which holds 28.46% of Fremtind); operates in personal risk and pensions alongside Fremtind's life subsidiary, with potential overlap in products sold through the DNB bank channel.
Others
- SpareBank 1 Gruppen (insurance arm): Parent group that owns 51.44% of Fremtind; the broader banking group operates complementary insurance-adjacent activities via its regional bank network that distributes Fremtind products.
Emerging players
- BNP Paribas Cardif: Global bancassurance specialist with Nordic growth ambitions; operates a similar bank-distributed life and personal insurance model, comparable to Fremtind's bancassurance strategy for future strategic reference.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks5 records
Key highlights6 records
Customer concentration
Fremtind social profiles
Digital presenceFremtind financial estimates
Financial estimateRevenue estimate
Valuation estimate
Fremtind leadership team
Management profileNumber of profiles
Profiles9 records
Fremtind subsidiaries and ownership
Company hierarchySubsidiaries3 records
Fremtind funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Fremtind M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Fremtind
What does Fremtind do?
Fremtind Forsikring AS is one of Norway's largest insurance companies, providing property and casualty (non-life) and personal insurance products — including home, travel, car, accident, life, disability and specialized home seller insurance — to over 1.1 million private customers and 82,000 business customers. Insurance products are sold exclusively through partner banks (SpareBank 1, DNB, Eika) and labor unions under a bancassurance model, while Fremtind handles claims processing, customer service and risk pricing internally using data-driven and AI-assisted methods.
Is Fremtind a public or private company?
Fremtind is a private company. It is classified as corporate owned and is currently operating.
When was Fremtind founded?
Fremtind was founded in 2019. It employs 1,001 to 5,000 people.
Where is Fremtind based?
Fremtind is headquartered in Oslo, Norway, in the Europe region.
How does Fremtind make money?
One revenue line is on record: insurance Premiums.
Who are Fremtind's main competitors?
Direct peers on record are Gjensidige Forsikring, If P&C Insurance, Tryg Forsikring, Protector Forsikring, KLP Forsikring and Folksam (Norway). Broad incumbents are Storebrand Forsikring and DNB Livsforsikring. SpareBank 1 Gruppen (insurance arm) is listed as an others. BNP Paribas Cardif is listed as an emerging player.
Does Fremtind have an API?
No public API is recorded for Fremtind.